China

New US and EU sanctions on Iran are beginning to force importers to seek substitute supplies. China's Unipec is the latest to agree a deal with Libya's national oil company that could... 2012-03-01

The global crude oil trade continues to shift in response to attempts by Western countries to encourage their Asian allies to reduce imports of Iranian crude oil, in line with the political... 2012-02-09

Kuwait's average monthly crude oil exports to China have hit their lowest level since February 2010, according to the latest data from the Chinese General Administration of Customs.... 2011-08-25

Iranian crude oil exports to China increased 47% year-on-year (y-o-y) in 7M11, according to China's official customs agency, making the Islamic Republic China's third-largest crude... 2011-08-24

The long-running crude oil payment dispute between India and Iran appears to have been temporarily resolved, allowing Tehran to receive about US$5bn in unpaid revenues it is owed for... 2011-08-02

As India faces a possible cut-off in Iranian crude oil imports as a result of a payment dispute, Tehran is considering entering into a barter trade with Beijing to ensure no such outcome... 2011-07-25

Chinese state-run energy firms have reportedly been instructed by Beijing to slow down their projects in Iran to facilitate US-Chinese energy deals.

In a long-awaited move, state-run China National Offshore Oil Corporation (CNC) has made a joint US$5bn bid with state-run Ghana National Petroleum Corporation (GNPC) for US independent... 2010-10-22

China National Petroleum Corporation (CNPC) has signed a series of deals with Sudan covering the expansion of the Khartoum refinery, advance payment for crude supplies and an equity... 2009-11-20

The BMI oil supply and demand assumptions for 2009 and beyond have again been revised for all 67 countries forming part of our detailed coverage, reflecting the changing macroeconomic... 2009-10-20